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I 100% agree leasing hedges your bets and is the optimal financing method, BUT only if you can follow thru on the terms of the lease.
At the end of the day I really don't think either is a bad option -- it just depends on your lifestyle and purpose for the vehicle. Where most people make mistakes is when they want to get out of a lease after a year or two - the penalties can be huge. In this scenario leasing is a _terrible_ choice and can put you at great financial risk. In today's economy with so many out of work this can be quite a reality. Many also use leasing to have a lower payment so they can afford what they really can't afford. I have seen way to many 40K a year millionaires driving some expensive cars thanks to creative financing.
posted by 12.37.36...
_______________________________________
Current:
1999 Saab Viggen
Other Saabs Owned:
2000 Saab 9-3 Viggen
2002 Saab 9-5 Aero
Other Current Rides:
2015 MB GL63 AMG
2014 Jeep Wrangler Unlimited Custom & Lifted
2011 Audi R8 V10 Spyder 6MT
2011 Bentley Supersports W12
2007 Honda CRV
Posts in this Thread:
- how many of you are buying your Saab?, Scott Hanson, Tue, 1 Oct 2002 16:06:51
- Re: how many of you are buying your Saab?, Dave G, Fri, 4 Oct 2002 03:00:58
- Re: how many of you are buying your Saab?, jdk9, Thu, 3 Oct 2002 12:16:19
- I leased (long), PeteSaab, Thu, 3 Oct 2002 09:48:14
- Leased & will Purchase, KeithCT, Wed, 2 Oct 2002 14:16:33
- Re: Buyer to manage cashflow over time, AeroJT, Wed, 2 Oct 2002 12:06:25
- '02 Aero wagon- I bought..., bRAD, Wed, 2 Oct 2002 10:40:36
- Re: how many of you are buying your Saab?, MarkS, Wed, 2 Oct 2002 08:13:53
- Bought - New 2002, robp, Wed, 2 Oct 2002 07:49:22
- Currently leasing 4, David G. Mills, Tue, 1 Oct 2002 21:30:13
- Re: how many of you are buying your Saab?, Heidi, Tue, 1 Oct 2002 21:01:46
- Leasing vs. buying, and resale.....(long), Mike Lynch
, Tue, 1 Oct 2002 20:22:21 - Bought..mine..in..August.nm, Pete Saab 9-5, Tue, 1 Oct 2002 20:07:41
- Bought my 00 in Jan n/m, Coogs, Tue, 1 Oct 2002 19:44:24
- Re: how many of you are buying your Saab?, AeroLady, Tue, 1 Oct 2002 18:53:05
- Paid cash on my used buy in March, rdb, Tue, 1 Oct 2002 17:49:18
- I bought mine.., MisplacedYankee
, Tue, 1 Oct 2002 17:36:06 - clarification and point of order, J, Tue, 1 Oct 2002 17:25:13
- What is so _shrewd_ about leasing?, MisplacedYankee
, Tue, 1 Oct 2002 17:55:52 <-- Viewing This Message- Re: What is so _shrewd_ about leasing?, keeton, Tue, 1 Oct 2002 20:02:31
- I'm not leasing ..., J, Tue, 1 Oct 2002 18:06:29
- Re: What is so _shrewd_ about leasing?, Jax, Tue, 1 Oct 2002 18:03:36
- point well taken ..., J, Tue, 1 Oct 2002 18:01:00
- Re: how many of you are buying your Saab?, CraigU, Tue, 1 Oct 2002 17:22:45
- bought my 2nd, thorgan, Tue, 1 Oct 2002 17:14:53
- Re: how many of you are buying your Saab?, Rick D., Tue, 1 Oct 2002 17:06:48
- Re: how many of you are buying your Saab?, ThomasY, Tue, 1 Oct 2002 17:00:36
- What are your plans?, phred, Tue, 1 Oct 2002 16:36:22
- Re: how many of you are buying your Saab?, DaveP, Tue, 1 Oct 2002 16:26:47
- I own both of mine., Hammer, Tue, 1 Oct 2002 16:23:36
- I'm buying and not leasing. n/m, J, Tue, 1 Oct 2002 16:22:35
- Re: how many of you are buying your Saab?, Ed NC, Tue, 1 Oct 2002 16:19:13
- Re: how many of you are buying your Saab?, dave, Tue, 1 Oct 2002 16:12:29
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